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W!se Financial Literacy INSURANCE Review Flashcards | StudBud
W!se Financial Literacy INSURANCE Review
1 / 11
Insurance is frequently described as a method of "sharing the risk" because the
A
Insured can share risk by spreading the cost over many years
B
Risk of loss is shared with the insurance sales person
C
Insured shares risk of loss with all other policy holders
D
Risk of loss is shared with the government
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